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20121129
20121207
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Search Results 0 to 10 of about 11 (some duplicates have been removed)
with raising rates as long as it's part of that package we described. >> a meeting or a phone call between john boehner and president obama, is that at all in the works? >> as far as we know, no. whether it's in the works, we could only hope, at this point we do not have any indication that it is scheduled right now. never mind the principles, we don't have any word that there has been communications between their staff at all. what's flying out of the public still appears to be flying out of private, which is not a lot. >> the members are going home for a nice long weekend. thanks very much for that. president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next yea
of texas said that a demand to raise rates on top earners is, and this is her quote "just the right thing to do." representative mike simpson of idaho told bloomberg news "it's pretty obvious that obama won the election and he promised he was going to raise tax on the wealthiest and he said while it may be unpalatable, there is enough sane people left to get it done." well, maybe there is hope afterall. joining me now from washington is republican strategist and author of the book "blackwards," ron christie. thank you so much for joining us inside "the war room" again. >> governor, it is nice to see you again. >> jennifer: all right. so do you think republicans have recovered from losing the election? >> well, i think we have. i think there's no question that although president obama got less of the popular vote than he did the last time around, his electoral college numbers went up. he won. but the other thing that i would say to you governor, is senate republicans, the american people voted for the status quo. they
holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say and turn it around. boehner and the republicans have to be aware of where obama's at in his own head and with his colleagues, which is no deal without some increase in rates, or we go over the cliff. >> let me just add one thing. when obama made that initial offer, we talked a little bit about how, you know, it was a wish list. it was ideological, whatever you want to say. i think it actually helped boehner in some respects because it gave him three or four things that he could then go back to his caucus and say, look, i moved obama off of this, this and this. and when boehner put his offer o
. president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 15% and almost 40%. why is this a battle? guest: it is a big deal for the fight over income inequality. democrats have long targeted the capital gains tax as something that makes the tax code less regressive and increases in a quality. a lot of wealthy people make money through investments. it is a big issue for corporations and investors who feel corporations are already taxed and you're essentially putting another tax. host: who pays the capital gains tax? guest: if you buy a stock and make money, you are paying it. it tends to hit upper income earners more. anybody in the stock market will be paying that. host: if your pensions are 401(k), are you paying it? guest: it wil
with president obama to move forward in preserving the tax rates for the middle-class. as the chairman just said, for everyone, including warren buffett, ross perot -- they would get tax relief for the first $250,000 of their income as well. you hear some republicans collin this pledge handcuffs that keep them from moving forward. we would hope in the short periodically have before december 31, we would not let a pledge to a special interest supersede the pledge of allegiance to make to our country. finally, once again, the american people are way ahead of the politicians. the american people by two- thirds agree with president obama that we must have a balanced approach to solving deficit issues and moving toward economic growth and job creation. two-thirds. if they were a vote by the american public today, there would be a landslide in favor of providing for the 2% wealthiest americans to pay a little more in taxes to help them get to the point of a balanced approach. a landslide victory. including republicans in america who agree with that. there is no reason to delay. we think we can move fo
of revenues but he says he's going to do that by lowering rates, and when you look at the math, it doesn't work. >> president obama telling bloomberg tv the republicans' math just doesn't work. of course, the gop is delivering the same message about the white house plan. today, a bipartisan group of governors went to the white house and capitol hill, urging both sides to make a deal. two of those governors join me now. governor gary herbert of utah and jack markell of delaware, chair of the national governors association. welcome to you both. interesting day for you because you managed to talk to the president and john boehner, when they can't be bothered to talk to each other. so what did you discover? let me start with you, governor herbert. what was your take on the two meetings? >> well, we were honored to be invited. i think too many times, the states and governors have been overlooked and underappreciated and almost a second thought when it comes to some policies made so i applaud jack's leadership in getting us together in a bipartisan way through the national governors associatio
middle income tax cut to the floor. >> reporter: later on today president obama will say that any deal reached in congress must include increased tax rates on the wealthiest americans. he will say that at a factory in hatfield, pennsylvania, where the company connects, makes tinker toys. that is company the white house picked for today's event because they rely on the middle class consumers who would be affected if we go off the fiscal cliff. martha. martha: that will be a major sticking point it sounds like. peter, thank you very much. bill: so what happens if your taxes or to your taxes if lawmakers don't strike a deal? the tax policy center says that 90% of the americans would see a tax hike next year in 2013. it says 121 million americans will be paying more in payroll taxes, and families making between 40 and $65,000 a year, will pay an extra $2,000 to the government. that starts in 2013. martha: some say that they're concerned that what happens in europe could also happen here down the road. look at europe's economy down the road. 11.7% unemployment. that is another record high i
Search Results 0 to 10 of about 11 (some duplicates have been removed)